Cloudified Share Discussion Threads

[trjones2] 23/12/2015 10:02

could not resist 1000 posts

[daddy warbucks] 23/12/2015 09:52

Reminds me of a good game of poker. The one with the weakest hand trying a bluff only for the other player to go all in!

[debbiegee] 23/12/2015 09:48

Whatever they tell us I think there are some background noises.

I think they are getting more stressed and we are getting more chilled :-))))

[daddy warbucks] 23/12/2015 09:41

RossannonYou didn't sell out of here and put it all in Oxus did you.You sound very negative.

[daddy warbucks] 23/12/2015 09:38

PB01Beat me too it. ;0)

[debbiegee] 23/12/2015 09:37

We all know the ROI SHOULD want out of this mess as quick as possible.
We have watched before different episodes through the years as to how they have primed their public with diverse articles.
I would think from somewhere they feel under pressure so have to pass the blame .
Pride and arrogance are the 2 biggest things for ROI.
However this ends a face saving story will be woven featuring a scapegoat.

I dont think the article in the rns was available for all to see as it was dated the 7th and there would have been more reaction ?

[daddy warbucks] 23/12/2015 09:37

The settlement figure may not have been large enough for some. Maybe why the new director was brought on board representing their large stake.Pure speculation of course because no talks are happening are they? ;0)

[pb01] 23/12/2015 09:36

You could easily interpret the RNS as saying the ROI have made an offer to settle at price X pence per share to end the proceedings in early 2016 but Churchill consider this too low and want Y pence per share. Hmmmm.

[nicebut] 23/12/2015 09:27

WRT the above statement, I wonder if the ROI had approached CHL about an OCS and it`d been declined? Just trying to understand the last RNS

[someuwin] 23/12/2015 09:27

So the Indonesian Government wants the arbitration to be concluded early 2016.

Bring it on!

[debbiegee] 23/12/2015 09:19

In my mind some bigger players were buying yesterday and it did not look like they were finished.
If that is the case they will be back,
Im not a chartist but Im sure they would say it was probably going to retest these levels anyway.
I was thinking yesterday if it retested these levels to get some more but I did not expect it to at the expense of oxus holders or so quick.
I think getting past these levels fuelled it yesterday.

[daddy warbucks] 23/12/2015 09:17

Rossannon is the one to ask as he had a foot in both CHL and OXS.

[nicebut] 23/12/2015 09:17

Anyone find a copy of what the ROI statement said about `its prospects`?

CHURCHILL MINING PLC

("Churchill" or "the Company")

ICSID Update - Response to Indonesian media speculation

The Directors of Churchill Mining plc ("Churchill") advise that their attention has been drawn to certain comments attributed to an executive of the Indonesian Ministry of Energy and Mineral Resources ("MEMR") in an article published in Petromindo, an Indonesian mining and energy news service, on 7 December 2015.

That article quoted the Head of the Legal Bureau at the Directorate General of the MEMR as saying that while the Indonesian Government "target is for [the arbitration] to be concluded early 2016", Churchill "may seek for a delay".

The Directors of Churchill wish to advise that, since the beginning of the ICSID arbitration against the Republic of Indonesia, Churchill has actively sought to have every aspect of the case dealt with as expeditiously as possible. In terms of Indonesia's statement regarding its prospects of success in the arbitration, the Directors of Churchill refer to the Company's previous updates.

Churchill Chairman David Quinlivan said: "While I believe it would be in the interests of both Churchill and Indonesia if the ICSID arbitration were to be concluded amicably to the satisfaction of both parties in early 2016, I was disappointed to see that Indonesia has chosen to aggravate the dispute by publicly suggesting that Churchill is interested in delaying the arbitration. Nothing could be further from the truth. Churchill has never delayed any part of the proceedings. In contrast, Indonesia has taken every opportunity to avoid presenting its defence to Churchill's claims, first by objecting to the jurisdiction of the arbitrators and then, after that objection failed, by making a further preliminary objection based on allegations of fraud and forgery."

Information on the progress of Churchill/Planet's claim against the Republic of Indonesia can be found at the website of the International Centre for Settlement of Investment Disputes at (under cases for "Churchill").

END

[nicebut] 23/12/2015 09:14

Someone is clearly buying heavily here. Bit of selling early doors on the back of OXS news but the buyer has returned. Interesting.

I didn`t follow OXS. Was it as `nailed on` as CHL`s case?

[trjones2] 23/12/2015 09:08

spot on love, about oxus,get back in,or i fear you could be regreting that sell for a couple of hundred profit

[love it] 23/12/2015 08:44

If Oxus had not come out with their news I think this was going to rocket this morning. Just shows how things can change in a day. I was cursing selling too early
yesterday but now I guess it's now lucky roller coaster share

[theunluckyone] 23/12/2015 08:30

rossannan - To my mind that was never in doubt !! Any sane body seeing the weight of evidence continually stacking up against them would have hoisted the white flag and settled the case but no not the ROI !!!

[trjones2] 23/12/2015 08:22

could see this ending blue, stranger things have happened

[debbiegee] 23/12/2015 08:17

jUST PICKED SOME MORE UP,i MISSED THE BOTTOM PAID 21
Whoever was picking up yesterday will be back when the dust has settled